Why is Semac Construct falling/rising?
As of 10-Nov, Semac Construction Ltd's stock price is Rs 370.00, down 4.22%, and has underperformed its sector by 3.14%. The stock has seen a total loss of 8.3% over the last two days and is trading below all key moving averages, indicating a bearish trend and declining investor participation.
As of 10-Nov, Semac Construction Ltd is experiencing a decline in its stock price, currently at Rs 370.00, which reflects a decrease of Rs 16.3 or 4.22%. The stock has underperformed its sector by 3.14% today and has been on a downward trend for the last two days, accumulating a total loss of 8.3% during this period. It opened with a significant loss of 5% and reached an intraday low of Rs 367. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a notable decline in investor participation, with delivery volume dropping by 33.26% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's movement.In the broader market context, Semac Construction's performance over the past week shows a decline of 5.77%, while the benchmark Sensex has only decreased by 0.53%. Over the past month, the stock has fallen by 22.92%, contrasting sharply with the Sensex's increase of 1.25%. Year-to-date, Semac's decline of 6.73% is also in stark contrast to the Sensex's gain of 6.91%. This significant underperformance against the benchmark highlights the challenges faced by Semac Construction in the current market environment.
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